Safa Two by de Grisogono High-Floor Studio, Off-Plan Distress Resale

Property Overview

This 359 sq ft high-floor studio at Safa Two by de Grisogono in Business Bay is offered as an off-plan distress resale at AED 800,000, with handover stated by the agent as Q1 2027. No original purchase price, DLD transaction or market comparison was supplied, so this page reports the asking price without claiming a discount.

Property Highlights

• Property type: Studio apartment (off-plan resale)
• Project: Safa Two by de Grisogono, Business Bay
• Size: 359 sq ft
• Floor: High floor (agent-stated; exact level not supplied)
• Handover: Q1 2027 (agent-stated)
• Asking price: AED 800,000
• Price per sq ft: approximately AED 2,228

Why This Listing Is Classified as Off-Plan Distress

The agent describes this as a distress sale of an off-plan unit before completion. The brief does not include the seller's original purchase price, a dated DLD transaction or any supplied market evidence, so the size of any discount cannot be calculated. DPF lists it as off-plan distress on the basis of the seller's pre-completion exit. Dividing the asking price by 359 sq ft gives approximately AED 2,228 per sq ft.

Buyers should request the original SPA price and compare it with recent resale and DLD transaction data for Safa Two studios before treating the unit as discounted.

About the Project, Developer and Community

Safa Two by de Grisogono is a branded off-plan residential tower by DAMAC Properties in Business Bay, positioned across the road from its sister project, Safa One. Building amenities for this unit were not supplied with the brief and should be confirmed with the developer.

Layout, Floor and View

The agent describes this unit as a 359 sq ft studio on a high floor. The exact floor, view, bathroom configuration, furnishing and parking were not supplied and should be confirmed from the SPA and the official floor plan.

Payment Plan and Handover

The agent states handover is expected in Q1 2027. Other published listings for the project show a later handover, so the current date should be confirmed directly with DAMAC Properties. The payment plan, amount already paid and remaining balance were not supplied. In a resale of this kind, the buyer typically reimburses the seller for amounts already paid and takes over the remaining instalments. Confirm all payment terms and any developer transfer or NOC fees against the SPA.

Location and Connectivity

Safa Two is located in Business Bay, Dubai. Specific travel times to nearby destinations have not been verified for this listing.

Verification Notes

• Unit facts (type, project, size, floor position, handover and asking price) come from the agent brief received on 13 October 2026.
• The price per sq ft is a DPF calculation based on those supplied figures.
• No original price, DLD transaction or market benchmark was supplied, so no discount is stated.
• No payment plan, photographs or documents were supplied with this brief.